Inside the explosive growth of sports betting
A CBS News investigation into sports gambling found that companies like FanDuel push hard to keep gamblers engaged and wagering, even as their losses pile up. Jim Axelrod has more.
Sports Betting
The dark side of online betting
The U.S. has seen an explosive rise in online betting in recent years, with more platforms available than ever before. But behind the surge is one of the darker sides of big business, one that takes advantage of vulnerable gamblers. Jim Axelrod reports.
Betting apps accused of fueling addiction
Betting apps are being accused of fueling addictive behavior, especially for vulnerable gamblers. Alex Klavens, a data journalist for The New York Times, interviewed former DraftKings employees who claim the platform may have been targeting addicts. He joins CBS News 24/7 to discuss his findings.
Investigation
Sports betting apps entice fans as gambling exacts a growing financial toll
Betting platforms FanDuel and DraftKings say tools are there to help addicted gamblers slow down.
The addiction of online sports gambling
The money legally wagered on sports gambling has surged to $167 billion a year since it was legalized beyond Nevada in 2018. But data show, in states where online gambling has been made legal, bankruptcies and credit card delinquencies go up 25%. Correspondent Jim Axelrod talks to a gambler who wagers his annual income; and examines how the online betting platforms FanDuel and DraftKings – now the subjects of lawsuits regarding their design – interact with their customers.
Prediction market traders face long odds
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered computer program to help him win big.
World Cup expected to generate more in sports bets than the Super Bowl
Americans are expected to wager more than $3 billion amid the expansion of legalized sports betting in the U.S.
Rise in online gambling among kids and teens
A recent survey shows 36% of boys between the ages of 11 and 17 have gambled in the past year. Among 17-year-old boys, it rises to 49%. Psychiatrist Dr. Sue Varma explains how parents can approach the topic with their kids.
Journalist describes gambling experiment
McKay Coppins, a writer for "The Atlantic," was given $10,000 by the magazine to immerse himself in online gambling. "The Atlantic" agreed to cover his losses and split any winnings. Coppins speaks about his recent article, "Sucker: My Year as a Degenerate Gambler," in which he details losing nearly all of the money and the impact of betting.
Online sports betting linked to rising delinquency rates, report finds
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
NCAA accuses DraftKings of "March Madness" trademark infringement
DraftKings pushed back on the accusation, saying in a statement that it is not engaging in trademark infringement.
Atlantic writer on becoming a "degenerate gambler"
How much money could you make if you were given $10,000 to gamble on sports? That's what The Atlantic's McKay Coppins sought to answer in his latest piece: "My Year as a Degenerate Gambler." Coppins joins "The Takeout" to recount the experience.
NCAA president talks March Madness
As March Madness begins, NCAA president Charlie Baker spoke to "CBS Mornings" about the impact of sports gambling and its ability to compromise games, concerns over prediction markets and if March Madness could expand into a bigger tournament.
Prediction markets soar ahead of the Super Bowl
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
New study on gambling ahead of Super Bowl
Americans are expected to spend a record-breaking $1.76 billion on this weekend's big game, according to the American Gaming Association. Hua Gong, assistant professor of sport analytics at Rice University, joins "The Daily Report" to discuss a study he co-authored that found a link between sports betting and violent crime.
Chris Christie on prediction market boom
Former New Jersey Gov. Chris Christie was once one of legalized sports gambling's greatest advocates, but ahead of Sunday's Super Bowl, he's concerned it's going too far. Christie joins "The Takeout" to discuss.
Criminals plot to sack Super Bowl fans for a loss with these online scams
Lawmakers are warning Americans to beware the many financial scams linked to Super Bowl LX, from fake betting sites to counterfeit tickets.
26 charged in college basketball gambling scheme
Federal prosecutors have charged 26 people, including many college basketball players, in an illegal gambling probe. Danny Funt, author of "Everybody Loses: The Tumultuous Rise of Sports Gambling," joins to unpack the alleged scheme.
10/23: The Takeout with Major Garrett
NBA player and coach among 30+ arrested in investigations into gambling, sports rigging; High early voting turnout in 2025 elections.
DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Wanna bet? Online prediction markets wager that you will
Prediction markets, like Kalshi, which allow people to place wagers on everything from elections and sports to the anticipated bridesmaids at Taylor Swift's wedding, are booming. But this burgeoning business model is coming under scrutiny.
Online prediction markets: Yes or no?
The people behind the prediction market Kalshi, where people can place wagers on everything from elections and sports contests to the anticipated bridesmaids at Taylor Swift's wedding, say its users trade a billion dollars every week. But as prediction markets are expanding, this burgeoning business model is coming under the scrutiny of some state regulators and attorneys general. Jo Ling Kent reports.
Alleged mafia member charged in multimillion-dollar N.J. sports betting ring
A New Jersey-based illegal sports betting ring allegedly headed up by a mafia member has been broken up, officials said Thursday.
The growth of sports betting in the U.S.
Two Major League Baseball players have been charged with sharing inside information with gamblers, according to a federal indictment unsealed on Sunday. CBS News' Lindsey Reiser looks at how prolific sports betting has become since its legalization in 2018.
MLB's Emmanuel Clase, Luis Ortiz charged with taking bribes to rig pitches for bettors
Federal agents said they arrested Luis Leandro Ortiz Ribera in Boston Sunday and also revealed the indictment against Emmanuel Clase de la Cruz.
Iranian President Pezeshkian talks about proposal to reopen Strait of Hormuz
Iran's Masoud Pezeshkian says he has visited Iran's supreme leader twice and talked with CBS News' Margaret Brennan about Mojtaba Khamenei's health.
Exclusive
U.S. military lays groundwork for potential action around Cuba
Some units would "possibly [be] needed in 90-120 days," according to an internal Army message reviewed by CBS News.
OpenAI agent accessed government website data after going rogue, company reveals
The disclosure comes at a time of heightened concern over AI agents acting outside of human control.
Supreme Court again blocks Missouri's new House map that favored GOP
The Supreme Court said in an unsigned decision that ordering Missouri to restore its 2025 map "would usher in electoral chaos."
Live
Iran proposes a 7-day plan to reopen the Strait of Hormuz
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Trump cancels nearly $1 billion in spending, a move some lawmakers called illegal
President Trump moved to cancel almost $1 billion in spending that was approved by Congress, marking the second time his administration has employed a rarely used tactic that some lawmakers in both parties have called illegal.
Hurricane Nolo could cause "catastrophic" flooding in Hawaii, forecasters warn
A hurricane watch is in effect for Hawaii County due to the storm, which could dump up to 3 feet of rain on Hawaii's Big Island.
Nor'easter barrels down on East Coast, threatens millions with flooding, winds
Tens of millions of people are in the path of the storm, which has already canceled concerts and prompted people on islands near Cape Cod, Massachusetts, to head to the mainland in the days ahead of the nor'easter's arrival.
Trump-Xi visit wraps up with few achievements announced
President Trump described Chinese President Xi Jinping's visit this week as "very productive," though the White House has said little about what was achieved during the summit.
U.S.
More U.S.
OpenAI agent accessed government website data after going rogue, company reveals
The disclosure comes at a time of heightened concern over AI agents acting outside of human control.
TikTok settles lawsuit over youth safety concerns for at least $100 million
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
Twin doctors who grew up in poverty returned to their hometown to co-run an ER
Drs. Travan and Travis Jasper, identical twins, are co-directors of the emergency department at Chippenham Hospital in Richmond, Virginia, the city where they grew up in poverty.
Nor'easter barrels down on East Coast, threatens millions with flooding, winds
Tens of millions of people are in the path of the storm, which has already canceled concerts and prompted people on islands near Cape Cod, Massachusetts, to head to the mainland in the days ahead of the nor'easter's arrival.
Supreme Court again blocks Missouri's new House map that favored GOP
The Supreme Court said in an unsigned decision that ordering Missouri to restore its 2025 map "would usher in electoral chaos."
MoneyWatch
More MoneyWatch
TikTok settles lawsuit over youth safety concerns for at least $100 million
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
How GLP-1 weight-loss drugs are changing fast-food menus
Chipotle, McDonald's and Shake Shack are among the restaurant chains revamping their menus as more consumers go on weight-loss drugs.
Ready or not, here come the AI gadgets, from "charms" to smart speakers
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
Facebook found liable for deceiving users in Cambridge Analytica case
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Soaring U.S. diesel prices slam local communities as fuel costs surge
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
Politics
More Politics
Trump cancels nearly $1 billion in spending, a move some lawmakers called illegal
President Trump moved to cancel almost $1 billion in spending that was approved by Congress, marking the second time his administration has employed a rarely used tactic that some lawmakers in both parties have called illegal.
Transcript: Iranian President Masoud Pezeshkian on "Face the Nation with Margaret Brennan"
The following is the transcript of the interview with Iranian President Masoud Pezeshkian airing on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Iranian President Pezeshkian talks about proposal to reopen Strait of Hormuz
Iran's Masoud Pezeshkian, who is also a physician, says he has visited Iran's supreme leader twice and talked with CBS News' Margaret Brennan about Mojtaba Khamenei's health.
Supreme Court again blocks Missouri's new House map that favored GOP
The Supreme Court said in an unsigned decision that ordering Missouri to restore its 2025 map "would usher in electoral chaos."
Broadview 6 prosecutor retires under protest, blames U.S. attorney
Sheri Mecklenburg resigned from the Department of Justice this week, penning a scathing letter in which she said U.S. Attorney Andrew Boutros "personally directed" the Broadview 6 prosecution that she says ended her career.
HealthWatch
More HealthWatch
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
First on CBS
JB Pritzker reveals GLP-1 use, pressed on possible presidential run
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
Her son was dying, but his rare cancer made it difficult to get the right drug
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
World
More World
Transcript: Iranian President Masoud Pezeshkian on "Face the Nation with Margaret Brennan"
The following is the transcript of the interview with Iranian President Masoud Pezeshkian airing on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Iranian President Pezeshkian talks about proposal to reopen Strait of Hormuz
Iran's Masoud Pezeshkian, who is also a physician, says he has visited Iran's supreme leader twice and talked with CBS News' Margaret Brennan about Mojtaba Khamenei's health.
A U.S. doctor survived a deadly strike in Gaza. Why he plans to go back.
Dr. Feroze Sidhwa was working at Nasser Hospital in Khan Younis when an Israeli strike hit the surgical unit he was in.
Ukrainian kids learn to fly drones for a future shaped by Russia's invasion
A Ukrainian nonprofit group is teaching kids to make, service and fly simple drones, to help them be "useful in the future in their country."
Cheetah cubs survive powerful storms, mother's illness at zoo
It might take a year before it's clear the cubs will survive the crucial period after their birth, the zoo's curator said.
Entertainment
More Entertainment
Entertainment
2026 MTV VMAs: What to watch for
The 2026 MTV Video Music Awards will be held this weekend with Snoop Dogg carrying out hosting duties. "Entertainment Tonight" correspondent Denny Directo joins CBS News for a preview.
The New York Film Festival returns with obsessions, deceptions and monsters
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Book excerpt: "The Steps" by Sylvester Stallone
In his memoir, the actor writes of his early struggles, leading to writing his screenplay for the Oscar-winning hit "Rocky."
Ziggy Marley on dad Bob Marley's legacy
Jamaican musician Ziggy Marley shares memories of his father, Bob Marley, and discusses his new children's book, "True to Myself."
Jane Doe who accused Jay-Z of sexual assault formally recants her claims
The anonymous woman who accused Jay-Z of sexually assaulting her said in a new court filing that she never met the rap mogul.
Technology
More Technology
TikTok settles lawsuit over youth safety concerns for at least $100 million
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
Court sides with Pentagon in Anthropic case
The growing concerns over the safety of artificial intelligence and the speed of its development have many calling for government regulation. Recently, President Trump said he plans to appoint an adviser and create an AI force. J.B. Branch, director of federal AI governance and technology policy at Public Citizen, joins CBS News to discuss.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Takeaways as Xi wraps state visit with Trump
Chinese President Xi Jinping's state visit to the U.S. wrapped up on Friday, with no deal announced on artificial intelligence, though he is set to meet with President Trump twice more before the end of the year. Weijia Jiang has more.
Software developer on the AI alignment problem
News broke this week that a rogue artificial intelligence agent hacked Australia's health care database, and no notice was given for months. Matt Calkins, CEO and co-founder of Appian, which develops software to maximize AI integration, joins to unpack the week's AI headlines.
Science
More Science
Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
More Crime
Tasia Fortune's hanging was "staged" after her death, police say
Authorities haven't disclosed the exact cause of Fortune's death, but they did rule it a homicide and have arrested two men.
Latest in trial of "American Idol" contestant
Former "American Idol" contestant and music pastor Caleb Flynn stands accused of murdering his wife. His former mistress, Alleigha Botner, testified in the trial. CBS News' Ian Lee has more details.
Minnesota sailor returns from USS Lincoln duty to find apartment ransacked
A Minnesota native who had been serving aboard the USS Abraham Lincoln for nearly 10 months came home to an upsetting surprise.
Pittsburgh doctor killed while he slept remembered as "a true angel on Earth"
Dr. Idris Evans, the Pittsburgh doctor killed in a violent home invasion, is being remembered for his kindness and compassion.
"American Idol" alum's ex-mistress testifies
Former "American Idol" contestant Caleb Flynn is on trial for allegedly killing his wife and staging an elaborate crime scene. Flynn's former mistress testified at the trial. Ian Lee has the latest details.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
9/25: CBS Evening News
Over 60 million in danger from Nor'easter; Hawaiians shelter ahead of Hurricane Nolo.
2026 MTV VMAs: What to watch for
The 2026 MTV Video Music Awards will be held this weekend with Snoop Dogg carrying out hosting duties. "Entertainment Tonight" correspondent Denny Directo joins CBS News for a preview.
How El Niño is supercharging Pacific storms
While El Niño is a natural shift in the climate system, scientists say the weather pattern developing in the Pacific Ocean could be one of the strongest on record. And human-caused climate change is super-charging its strength, making weather extremes worse. Tracy Wholf, founder of WereWHOLF Media, joins CBS News to discuss.
Extended interview: Masoud Pezeshkian
Iranian President Masoud Pezeshkian speaks with Face the Nation's Margaret Brennan about the war with the U.S., his country's latest offer to open the Strait of Hormuz, the supreme leader's condition and more.